If I got 130 (if that is a normal spec) by adjusting the valves I think I would run it unless rescission was a known issue with your engine... It sounds like you know were you are at no doubt its not like you are putting your reputation on the line with a customer....
I have a 60 140 Farmall that I brought 5 years ago,, its always been a tad under-powered, smokes some... I use it maybe 4 hr. a year,,, It was not running when I got it I cleaned the fuel system got it going and its useable.. I got caught up a mo are so ago so got all the little thinks fixed up and went after the leaking valve cover gasket... While their checked the valves and all the exhaust were to tight no clearance,,, adjusted them the smoke is gone and power is back... I don't plan to do anything else to it unless I run out of something to do... Now am I wrong to think this way... If smoke and power become a issue I will go into it....
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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